Key takeaways
The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure.
Connecting these highs and lows with trendlines creates a megaphone-like appearance, reflecting market instability.
The formation signals heightened volatility,...
Bitcoin needs to close above the key $81,000 weekly level to avoid more downside volatility ahead of next week’s Federal Open Market Committee (FOMC) meeting, which will offer investors more cues on the Federal Reserve’s monetary...